Quality of Advice Review – issues paper consultation

Australian Treasury

Ms Michelle Levy, the independent reviewer appointed by the Government to lead the Quality of Advice Review, has today released an issues paper seeking feedback on how the regulatory framework can better enable the provision of high quality, accessible and affordable financial advice for retail investors.

This consultation also aims to identify opportunities to streamline and simplify regulatory compliance obligations to reduce cost and remove duplication, recognising that costs of compliance by businesses are ultimately borne by consumers.

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